Dive into InfStones Core staking guide and discover how you can earn passive income by participating in the cryptocurrency network. This guide provides a detailed overview and best practices to maximize your earnings through core staking. Whether you're a beginner or an experienced staker, our tutorial will equip you with the knowledge you need for staking!
What Is Core and CORE Staking?
Core is a new blockchain that leverages the advantages of Bitcoin’s proof of work network and the attributes of a delegated proof of stake consensus mechanism to achieve a network that is secure, decentralized, and scalable all at once. CORE, the native token of the Core network, is what helps secure it.
Staking in Core involves locking up CORE for a specified period of time and earning rewards in exchange. These rewards are designed to incentivize participation in the Core networks’ governance process and to promote long-term investment in the platform.
What Should You Know about CORE?
The staking information is highlighted in the table below:
Item | Detail |
---|---|
Rewards Distribution Interval | 1 Day |
Rewards Distribution Method | Rewards need to be manually claimed. |
Unbonding Period | 0 Days |
Compounding | No auto compounding. |
How to Stake CORE with InfStones?
Follow step-by-step Core staking guide below!
Step 1: Navigating to the Staking Section
Visit the Core staking platform at https://stake.coredao.org/
Step 2: Checking List of Validators
Scroll down the page to view the available validators.
Step 3: Selecting InfStones as the Validator
After selecting InfStones as your validator, you'll be directed to the validator's dedicated page, as demonstrated. On this validator page, find and click the "Delegate" button. In the subsequent pop-up window, input the specific amount you intend to stake. Confirm your delegation by clicking the "Delegate" button.
You have now successfully staked your CORE with InfStones.
How to Claim Core Reward?
After successfully staking your core, you can manually claim your reward by following the steps below:
Step 4: Claim Rewards
Click on the 'My Staking' button located in the upper right-hand corner of the page. Scroll down to the bottom of the page, and there you will find your reward history and claim your reward here.
How to Unstake Core ($CORE)?
Unstaking is straightforward for Core stakers:
Step 5: Unstake Core
To unstake, navigate to the "Delegation" section and choose the "Undelegate" option.
To complete the unstaking process, simply click ‘Confirm’.
Why Stake with InfStones?
User-centric experience:
- Intuitive staking experience with graphic interface.
- Seamless integration with various wallets.
- Standardized and consistent logic across different protocols.
Secure and reliable infrastructure:
- 2000+ service days with 0 slashing.
- Non-custodial staking.
- Trusted by Binance, CoinList, BitGo, OKX and more.
Comprehensive support and resources:
- 24/7 professional support.
- Extensive guiding documentations.
InfStones is an advanced, enterprise-grade Platform as a Service (PaaS) blockchain infrastructure provider trusted by the top blockchain companies in the world. InfStones’ AI-based infrastructure provides developers worldwide with a rugged, powerful node management platform alongside an easy-to-use API. With over 20,000 nodes supported on over 80 blockchains, InfStones gives developers all the control they need - reliability, speed, efficiency, security, and scalability - for cross-chain DeFi, NFT, GameFi, and decentralized application development.
InfStones is trusted by the biggest blockchain companies in the world including Binance, CoinList, BitGo, OKX, Chainlink, Polygon, Harmony, and KuCoin, among a hundred other customers. InfStones is dedicated to developing the next evolution of a better world through limitless Web3 innovation.
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